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Jul 14, 2011
07/11
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experts at the university in switzerland to say it may not be justified. they argue that factors such as debt level don't justify a negative rating in themselves. they can quickly turn into a self-fulfilling prophecies. the low ratings make lenders demand higher rates making it harder for governments to raise capital. even when the agency's hong give positive ratings, they can still get it wrong. take the u.s., for example. the agencies give a positive assessment of complex packages of property loans that turned into a toxic assets. a huge market collapsed ushering in the global financial crisis. the agencies came under fire for failing to see the storm. since then, they have been more cautious and more negative to the detriment of certain european states. >> thank you for joining us. stay with us if you can.
experts at the university in switzerland to say it may not be justified. they argue that factors such as debt level don't justify a negative rating in themselves. they can quickly turn into a self-fulfilling prophecies. the low ratings make lenders demand higher rates making it harder for governments to raise capital. even when the agency's hong give positive ratings, they can still get it wrong. take the u.s., for example. the agencies give a positive assessment of complex packages of property...
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Jul 8, 2011
07/11
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embryo screening is banned in italy, austria, and switzerland. ireland and finland have yet to legislate. 11 european countries, now including germany, place some restrictions on the testing, while belgium has predictably liberal laws governing the issue. at the center for reproductive genetics in brussels, the professor is one of the leading screening experts. about 100 german couples visit him every year. they'll suffer from a genetic defect and their children might be severely disabled at birth. >> it is most of the time on the genetic diseases one gene. people don't think that you have all these different issues, blue eyes, this is imagination, not reality. we're talking about severely sick children. >> but critics worry about how things may develop in the future. will couples want to select embryos with desirable characteristics, so-called designer babies? at the moment, european countries agreed that screening should only be used. suffering. medical complications can occur, too. >> most of these patients have a history of the handicapped, a
embryo screening is banned in italy, austria, and switzerland. ireland and finland have yet to legislate. 11 european countries, now including germany, place some restrictions on the testing, while belgium has predictably liberal laws governing the issue. at the center for reproductive genetics in brussels, the professor is one of the leading screening experts. about 100 german couples visit him every year. they'll suffer from a genetic defect and their children might be severely disabled at...
481
481
Jul 19, 2011
07/11
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KCSM
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the strong franc is also weighing on tourism, because trips to switzerland have become more expensive. many tourists are now opting for other destinations. >> in the winter, 5% fewer tourists from europe came here. we expect 5% fewer european customers this summer, as well. >> the tourists that do come are cutting back. they're eating at less expensive restaurants and staying for fewer days, and some are laying off staff. >> to monday's market action, european shares dipped to fresh seven-month lows after results from banks stress tests lead to a sell-off, even among those perceived to be healthy. our correspondent sent us this summary of the sessions in frankfurt. >> there was tension here on the floor of the frankfurt exchange. you could see it. people were uncertain about how the next few days would develop in the greek sovereign debt crisis. will the eu summit bring a clear answer on which way the direction is going to go? what is quite expected of investors, banks, private investors in solving this crisis? shares taking a real hit. the dax was down by over 4%, and in the euro sto
the strong franc is also weighing on tourism, because trips to switzerland have become more expensive. many tourists are now opting for other destinations. >> in the winter, 5% fewer tourists from europe came here. we expect 5% fewer european customers this summer, as well. >> the tourists that do come are cutting back. they're eating at less expensive restaurants and staying for fewer days, and some are laying off staff. >> to monday's market action, european shares dipped to...
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208
Jul 17, 2011
07/11
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KRCB
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>> we wait until the foreign authorities in germany or switzerland contact us. then we take them back to hungary and put them in prison. >> the only person actively trying to help the women on the street is the head of the hon gary and prostitute interest protection association. she makes it possible for girls to leave the profession -- leave the profession and trained for other jobs. the country's right-wing government has cut all of their funding for the organization. >> i do not really want to comment, but we do not think that this government's philosophy, no one supports us anymore. >> a founding member of the helsinki commission for human rights says that the prostitutes and victims of prostitutes were robbed of all of their rights. >> this behavior toward prostitutes is a part of the hypocrisy that dominates everywhere. >> she is now collecting the names of politicians who have publicly opposed red light districts. she says she does not want to blackmail anyone, but hopes they will come around to her way of thinking. they will still be available for evenin
>> we wait until the foreign authorities in germany or switzerland contact us. then we take them back to hungary and put them in prison. >> the only person actively trying to help the women on the street is the head of the hon gary and prostitute interest protection association. she makes it possible for girls to leave the profession -- leave the profession and trained for other jobs. the country's right-wing government has cut all of their funding for the organization. >> i...
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Jul 12, 2011
07/11
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CSPAN
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the caribbean banking centers, russia, hong kong, and switzerland. fort worth, texas, on the republican line. caller: i was wondering why we just cannot raise the debt ceiling and not pay everybody their taxes for like the next five years. do not do any refunds. how does the constitution handle that as far as tax refunds? does it say that they have to give us refunds? guest: if, hypothetically, we did not raise the debt ceiling and come to a resolution, would you still get refunds on taxes that we have paid? a lot of these legal issues about what happened exactly as we had these limits have yet to be resolved. there are a lot of the obscure treasury regulations looking anthology's technical questions about what exactly will happen. if we have some kind of crisis, everyone will want this to end. the islamic previous government shutdowns look like nothing. it will get resolved one way or another. it and what happens that we, that future to our borrowing costs. host: next caller. caller: thank you. we have a radical group of republicans that have been w
the caribbean banking centers, russia, hong kong, and switzerland. fort worth, texas, on the republican line. caller: i was wondering why we just cannot raise the debt ceiling and not pay everybody their taxes for like the next five years. do not do any refunds. how does the constitution handle that as far as tax refunds? does it say that they have to give us refunds? guest: if, hypothetically, we did not raise the debt ceiling and come to a resolution, would you still get refunds on taxes that...
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Jul 3, 2011
07/11
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KRCB
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when kevin leaves he'll be a skilled worker and guaranteed to get a job in switzerland. the other will be deported to kosovo. an outrage according to the director. he helped build up the project and thinks switzerland is wasting the potential of people like him. >> efforts are made to integrate these young people into swiss society. they're given job training and they're qualified to be a full-fledged member of society. what happens? they're deported. >> as it happens, he is currently costing swiss taxpayers about 400 euros per day. jail will be more expensive. this lawyer is on the committee currently drafting the new law on deportation and isn't too happy about it. >> unfortunately, 55% majority of the public are the voters in favor of this initiative. the formulation is relatively strict and inevitably one consequence will be that we will have to establish strict targets in the actual implementation. >> the legs to expel foreigners with a criminal record will have broad ramifications. two years ago, these two decided they wanted to get married in january, a law was in
when kevin leaves he'll be a skilled worker and guaranteed to get a job in switzerland. the other will be deported to kosovo. an outrage according to the director. he helped build up the project and thinks switzerland is wasting the potential of people like him. >> efforts are made to integrate these young people into swiss society. they're given job training and they're qualified to be a full-fledged member of society. what happens? they're deported. >> as it happens, he is...